The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
Ethereum (ETH/USD) is trading around $2,048 below the 21 SMA and below the 200 EMA with a bearish bias after attempting to break the 3/8 Murray without success.
Ethereum is expected to continue falling in the coming days and could reach the 1/8 Murray around $1,850.
If, in the coming hours, ETH/USD pulls back towards the 200 EMA at $2,141, it will be seen as an opportunity to open short positions with targets at the psychological $2,000 level. This support is key as it coincides with the upper band of the uptrend channel around $1,800.
The Eagle indicator has reached extremely overbought levels and is showing a negative signal, so any technical rebound will be seen as a signal to continue selling in the coming days.
The key to watch is the price trading below the 3/8 Murray. Therefore, any rebound or if the price approaches this zone could be taken as a signal to sell.
*Analiza tržišta koja se ovde nalazi namenjena je boljem razumevanju tržišta i ne pruža instrukcije za vršenje trgovanja.
Uz InstaSpot-ove analitičke preglede uvek ćete biti u toku sa tržišnim trendovima! Klijentima InstaSpot-a su dostupni mnogobrojni besplatni servisi za uspešno trgovanje.
